Financial services

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Mobile payments lag in travel sector, tablets still a big driver

May 4, 2016

While 32 percent of overall online payments were made on a mobile device in the first quarter of 2016, in the travel sector, the share drops to 15 percent, pointing to an opportunity to extend the reach of smartphones in the travel experience, according to a new report from Adyen.

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VULT leverages “FinTech” to offer transparency, confidence for diamond sales

April 19, 2016

Financial technology firm VULT is aiming to alter the way investors view the diamond industry by turning the precious stones into a genuine asset.

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Maserati personalizes purchase process via Chase finance solution

April 8, 2016

Italian automaker Maserati and banker JP Morgan Chase have partnered to create a new auto finance agreement to offer potential buyers customized financial solutions.

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With luxury slowing, venture capital turns to smaller, aspirational brands

April 1, 2016

NEW YORK – When it comes to investing in a brand, there is no magic formula for identifying the proper brand, time or terms, according to a panel at the FACC Luxury Symposium 2016.

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Bulgari boasts technological innovations at Baselworld

March 17, 2016

LVMH-owned Bulgari has unveiled its first-ever intelligent mechanical luxury watch to attendees at the watch industry’s most prestigious event, Baselworld in Basel, Switzerland.

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MasterCard pushes for stronger mobile payments, fashion tie-up

March 2, 2016

MasterCard is supporting stronger innovation in mobile payments technology, with an emphasis on the fashion industry, through a student competition at The New School’s Parsons School of Design hoping to uncover new commerce solutions in wearable designs.

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Contactless payment comes to Hublot, Bulgari wearables

February 23, 2016

The functionality of luxury brand watches and wearables, including those by Hublot and Bulgari, are set to increase with the introduction of contactless payment.

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Lane Crawford continues connected commerce strategy with Apple Pay

February 19, 2016

Chinese department store chain Lane Crawford has announced that its Mainland China locations will now accept mobile payment via Apple Pay.

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Online retailers should approve 90pc of cross-border purchases: report

February 18, 2016

Fashion ecommerce has shown no signs of slowing, with online purchases expected to more than double to $3.5 trillion by 2019, and with that, fraudulent sales have kept up the pace, according to a new report by Riskified.

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Rue La La continues mobile sales upswing with Apple Pay

February 17, 2016

Flash sales retailer Rue La La is attempting to capitalize on its 60 percent of traffic stemming from mobile devices by integrating Apple Pay into its application, offering time-strapped consumers additional payment options.

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